As of May 2026, the EPS-95 minimum hike proposal remains under active discussion, with long-standing demands to increase the minimum monthly pension to ₹7,500 from the current ₹1,000. While labor groups push for this increase to combat inflation, reports suggest the government is considering a phased or moderate hike as a realistic step.

As of May 2026, the EPS-95 minimum pension hike proposal remains under active discussion, with long-standing demands to increase the minimum monthly pension to ₹7,500 from the current ₹1,000. While labor groups push for this increase to combat inflation, reports suggest the government is considering a phased or moderate hike as a realistic step.

Key Updates and News (May 2026):

Minimum Pension Hike Proposal:-

 The National Agitation Committee (NAC) has demanded a minimum pension of ₹7,500 per month plus dearness allowance.

Government Stance: -

The government is reviewing a hike, with discussions on implementing a moderate increase rather than an immediate jump to ₹7,500.

Approval Status:-

 The proposal for a significant hike is still awaiting final Finance Ministry approval, despite reports.

Higher Pension Option: -

Following the November 2022 Supreme Court decision, the EPFO is processing applications for higher pensions for those who opted for it, calculating based on the average of the last 60 months.

Interest Rates: -

The EPFO is expected to offer an annual interest rate of 8.25% on provident fund accounts.

ATM Withdrawal: -

Plans are underway for ATM-based withdrawals from PF accounts. 

Pensioners are advised to look for official updates from the EPFO regarding the implementation of any hike.

MJF Lion ER YK Sharma